Added four exponential moving averages which define the trend of the instrument.
Wide range candles in the direction of overall trend on higher timeframes; give confluence of higher participation in the same direction.
Note : Decent above the average with wide range candle adds more value.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.